School for sale in Spain.
School for sale in one of the less developed Canary Islands, situated in a prominent position in the island capital. Established 25 years with a good reputation, taking children from 4 years to adults. Following the Cambridge syllabus there were 140 student registrations last year. Modern, well equipped rented premises with four classrooms, reception area, toilet and store room.
There are four teachers working part time, plus one receptionist. Hours are 4.00 to 8.00pm, Monday to Thursday. Potential to expand by opening longer hours, teaching other languages, and running in-company training.
Owners wish to retire but would be available for extended hand over period if required.
Turnover last year was €70,000 with 25% profit.
Asking €60,000 but all reasonable offers will be considered.
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